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As every gambler knows, it pays to bet on the house, and that's what investing in casino resort stocks essentially entails in this lucrative industry. WYNN Stock: Why Are Macau Casinos Down? Dec 09, 2016 · Macau casinos are reeling as China UnionPay Co., Ltd. bank card holders will have their ATM withdrawal limit diced in half by Beijing in an attempt to combat the multi-billion-yuan outflow of capital. Among the hardest hit is Wynn Resorts, Limited (NASDAQ:WYNN), with WYNN stock down 11%. The gaming industry... Why Casino Stocks Have Struggled in 2018 -- The Motley Fool
British sports books are seeing their stocks plummet, as media reports that fixed-odds betting terminal (FOBT) wagers will be cut from maximums of £100 ($140) down to £2 ($2.80) swirl in the UK.
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Is It Time to Buy Blue-Chip Casino Stocks? - GuruFocus.com
Wondering why stocks are going down today? It's presumptuous to say so as I scribble away here an hour before the stock market open, but there should be a negative bias to stocks today. 4 Casino and Hotel Stocks That Can Beat the Trade War ... 4 Casino and Hotel Stocks That Can Beat the Trade War . Casino and hotel stocks have been among the recent trade-related casualties, although JPMorgan argues that much of the pain may be already ...
Casino stocks, which have been around since the 1990s, are now being seen as good investment vehicles. Read to discover how the market values casino stocks.
Hot stock: Genting Singapore down 8% at midday; analysts positive on ... 4 Apr 2019 ... At the midday close, shares in the Casino operator were down 8.5 Singapore cents, or 7.9 per cent, at 98.5 cents on 127.4 million shares traded ...
Why are casino stocks down so much this year? – Stock Trading NTS Why are casino stocks down so much this year? MGM, WYNN, LSV are all down 12-25% for the year. I'm not personally invested in any (sold the WYNN shares I owned back in January), but am curious about this sector-wide retreat. Here's Why Casino Stocks (MGM, LVS, WYNN) Are Gaining Today ... Here's Why Casino Stocks (MGM, LVS, WYNN) Are Gaining Today ... The state of Macau’s gambling business has been in flux since the Chinese government decided to crack down on corruption last year ... Here's Why This Casino Stock Is Soaring Today - Fortune A bet on a new casino in Macau, China is paying off for Wynn Resorts ... Here's Why This Casino Stock Is Soaring Today. ... sending the company’s stock down 14% to a low of $85 in early November ... Vegas Shooting Sends Casino Stocks Tumbling | Stock Market ...